Kinsale
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Some disagreement remains in where rate declines have been swiftest and how much further they could go.
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Normalized growth and peak multiples confirm we are headed towards a Darwinian race.
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The specialty carrier’s share price fell nearly 7% on the day of the call.
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Haney will remain on board as a senior adviser.
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The Insurance Insider US news team runs you through the earnings results for the day.
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On Q2 calls, carrier executives called out fierce competition in various lines of business, and a misalignment of interest.
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Commercial property poses the most intense competition due to rates dropping, terms and conditions, and line size.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The latest E&S player planning to IPO remains a “show me” story.
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Commercial property premium growth declined 18% in Q1, as rates fell 20%.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The latest cat event may not be enough to change the overall market, he added.